Miami Mayor stays bullish despite challenges, insists on salary in Bitcoin.

Ritu77

Francis Suarez also emphasized that his salary as mayor is not his only source of income, as he is also a lawyer and holds a position in a private equity firm. He has previously warned that it would not be wise for people to convert their sole source of income into Bitcoin.

In recent weeks, as the fallout from the FTX Empire collapse spread, triggering investor panic and sell-offs, causing turmoil in the cryptocurrency market, Francis Suarez remains optimistic. Speaking at the "MiamiWeb3" summit, he told attendees that now is the best time to drive innovation.

Web3 and cryptocurrencies will continue to exist, and we must remember: this technology is new. Not every iteration will be successful. Not every company will succeed.

Samiksha

Success is never easy.

Ritu13

It's also worth supporting.

Yamini003

As long as one is optimistic, the direction of the wind doesn't matter.